Bitwise: Buys 301863 More HYPE for $18.43M
Bitwise acquires 301863 HYPE ($18.43M) in three hours, lifting total holdings past 1M tokens as price holds $60.65.
SourceAnalysis
Bitwise purchased another 301863 HYPE tokens worth $18.43M over the past three hours, adding to its earlier 162367-token tranche and pushing cumulative exposure above one million units since May 21.
Price action on the four-hour chart shows HYPE at $60.65 inside the Bollinger band, with upper resistance at $64.41 and lower support at $58.97. The 50-EMA at $57.66 continues to act as dynamic support while the 200-EMA at $48.78 anchors the broader bullish structure; neutral RSI at 51.5 and a MACD death cross at 0.78 point to near-term consolidation before any sustained push toward the upper band. Traders tracking HYPE price prediction models will watch whether fresh institutional flows can override the momentum stall.
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